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to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especially for workers that the ipad doesn't, one of the things off the bat you'll notice this has a smart cover, sort of like the ipad, but this one has a deboard built in and you see on the back, this little kick stand in the design, lets you prop it it up. lets you use it as a mini laptop. stuart: do you g
, a newspaper publishes of names and addresses of gun owners in new york counties. hundreds of names listed. new at 10, one of the gun owners he's furious. he was outed. ford spending money and creating jobs in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's in michigan, a right to work state. very interesting. nicole, thank you very much. time is money, 30 seconds. here is what else we're watching for you this thursday morning. amazing medical break through could help a lot of people next year. dr. siegle will be here and he'll show it to us. who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked.
at the new york stock exchange, facebook higher why? >> that's right, stuart, so the fiscal cliff concerns continue. here at the nyse, spirits are high. one of the traders gave me the snazzy glasses and one of the reasons could be facebook. and bmo capital upgraded facebook from underperform to outperform and raised its price target to $32, up from $15. and steeple nicholas raised the price market to $31 up from $26 and looking at facebook shares up 2% this morning and seems like it could be a happy new year for facebook and either way, stuart get these on here, a happy new year to you. stuart: they look pretty good, got to say. >> match the dress. stuart: i heard a comment from the gentleman to your left. >> the gentleman who gave me the glasses, very happy with his donation here. stuart: is he selling those? >> no, free of charge, actually. >> hey, diane, thank you for being here. >> thank you, stuart. stuart: secretary of state hillary clinton remains hospitalized this morning and has a blood clot related to concussion she suffered earlier this month. that concussion prevented her from
.97. down, yes, but still the highest ever price for early december. we've got new york state at the highest of the continental u.s. and missouri is the lowest. 3.01. missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los angeles, we appreciate it, mike. now-- >> you've got it. thank you very much. stuart: i thought i'd get you out, sorry about that. why are all of these people leaving? conventional wisdom has it, it's taxes, taxes, taxes. is it something more? >> how about lack the education? the school system used to be number one is now 49th in the country and taxes another reason for it, cost of living another reason for it and no vision into the future that
going to open $9 lower than yesterday. and nicole is on the floor of the new york stock exchange, and tell me, is anybody down there talking about apple at this price as a buying opportunity? >> 100%, everybody is talking about apple. when i'm talking to traders what they're seeing with apple when i talk to mark newton, and he says the momentum is lower and next couple of days, two, three days probably lower, but then that's a buying opportunity. what what he said. he saw it as a buying opportunity. the highs were above $700 in september. stuart: yeah, september the 21st at 7:05. this morning, pre-market 520 now, down another $9 from yesterday's close. we'll have you back at opening bell. thank you very much. remember this controversial video we showed it to you yesterday from the california teachers union. it's a cartoon about the tax the rich debate and shows a rich person urinating on poor people, unbelievable. ed asner did the voice for it and he doesn't seem remorseful. watch this. >> remember the video? >> i don't remember a thing i said on t or a word i said on it. i agre
crowley isshere. and lauren simonetti is on the floor of the new york stock exchange. smith and wesson, a gun stock obviously. down big yesterday. lauren, the stock right now, please? >> it is up about 5% right now. at $8.17. but if you look at the stock over the past week, it is down considerably. this is a stock that was trading right near $11 in early december and late november. for the year, it's nearly doubled, up 88%, but all of this backlash and what happened on friday in connecticut is really hitting the stock. stuart: i think the chart tells the story right there, it is in retreat as are many many gun stocks. lauren simonetti thank you very much indeed. we have a record number of women who will be taking the place in senate next year, 20 all told, and at least one of them will be leading the push for gun control. dianne feinstein democrat from california she says she will look to reinstate the expired ban on assault weapons. all right, everyone, my premise is that this record number of women in the senate will lead the charge on gun control. they are right out front pushing fo
on refills at advaircopd.com. >> moments from now, a single bell will toll on the new york stock exchange, signaling the beginning after moment of silence for the victims last friday. it will be observed in newtown, connecticut as well and also by us. . [bell ringing] [moment of silence] . [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] >> the bell that you're hearing right now, will ring 26 times and it's the bell in newtown, connecticut memorializing the 26 victims who died exactly one week ago and there was also a moment of silence there at the new york stock exchange and the nasdaq, all right. trading has now begun this friday morning. stock prices way, way down. let's check the big board, very, very early going in just a couple of minutes into the session and down 62 points and probably heading a lot lower than that. plan b, as we called it, is history. there is an increase, a very sharply increased chance of all of us going over that fiscal c
up 2% overnight according to triple-a. it's up 4 cents in a week. new york highest gas price in the continental u.s. 3.72. hawaii always a bit higher than that. wyoming cheapest today 3.01, missouri just a tad above wyoming as of right now. here is the price of oil, we're roughly $91 rah barre a barrel e decline in gas prices has come to an end. oil is back iito the $90 range. i'm going to bring in rich edison, he's in d.c. rich, i've got two questions for you about the fiscal cliff and the meetings today in the weekend. number one, who is meeting today? that's the first question. who is meeting and where, go. >> top democrat, top republican in the house and senate meeting with the president and vice-president, the white house at three o'clock. stuart: okay, that's three o'clock. the market closes at 4 so we're not likely to get results from the meeting to affect today's stock market trading. i think we've got that. moving into the weekend, what's planned? >> well, what's planned is the house comes back into session on sunday afternoon and take a vote on sunday night. we have
in new york city area, where the teachers are retired law enforcement. we're not talking about arming teachers. we're talking about guys who had 20 years on the job carry a weapon, they're an asset that you could use that we're not using now. >> why not do everything you just suggested and restrict the sale of the kinds of rifle that we saw used in this -- the other countries -- the argument that mr. la pierre made about violent video games and movies, i think a lot of us would agree, countries like japan, u.k. they have the same violent video games and the same violent movies the thing they don't have is easier access to a weapon like that that was used. why not remove the weapons? >> when you say remove -- adam: can't buy it. >> how about the weapons that are already in circulation owned by people? adam: i think that's going to be an issue. you can't make people give the guns back. but you could start to restrict the sale. that's the argument that's being made, isn't it? >> the way i look at it is this, give me the exact verbiage of the law and see whether that would have stopped la
♪ ♪ imus, imus, imus in the morning ♪ >> moments ago the new york stock exchange observed a moment of silence following the events in connecticut last friday. it was a somber moment in the financial world. ten minutes from now, trading will begin and these are the stories which we will concentrate on this monday morning. speaker boehner says, go ahead, raise tax rates on millionaires, that's a retreat. it's a new offer from john boehner, a higher tax rate on incomes over a million a year. gas prices really falling fast. in the whole state of missouri the average is 2.94. nine states are within a few cents of breaking below $3 a gallon. and yes, it's the monday after the connecticut shooting and father jonathan morris is here for "varney & company." scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just
to be in a union than that is what that is just like if you live in new york or l.a. and saying you are going to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lie
appreciate you being on the show. out of time. the new york stock exchange getting taken over, for more than $8 billion. here is what we want to know. will those 4 traders still be there or will we go to computers? charlie gasparino on the floor of the stock exchange with duncan neiderauer. charlie: not just duncan neiderauer but jeff springer. i want to get this clear. the millions are predicting the end of the world at the end of december and the nyse-listed sells the intercontinental exchange. is there any connection here? of the world ends tomorrow i guess that is an execution risk we have not tracked into the confirmation, let's hope the mind are wrong. >> i think it is an amazing building 200-year-old institution being taken over by a 20 year institution. how does that happen? >> 12 the year. >> you overstate my age. what is interesting is the new york stock exchange is a network that started 200 years ago but today you could start a network and you and i have been a part of watching networks create organically quickly, that is what technology has done, what facebook is, what amazon is
while he's on vacation. new york is the second highest and there's no excuse for that except taxes. the cheapest gas is in missouri, $2.96. the only state below $3 in the entire united states. as the debate over banning assault weapons continues, more people are lining up to gee an assault weapon. worried that they won't be able to later. our next guest was the first governor to pass the assault weapons ban back in 1990. joining us now is governor james florio. good morning, good to see you. >> thank you very much. >> the bottom line here is whether or not these assault bans work, whether, as a result of putting the assault bans in motion, whether it was the local assault ban or federal assault bans, do they actually reduce gun violence? is this any proof that that happens? >> well, the answer is that the communities involved will make the determination, but the public interest is not served with greater access to oozies and ak-47's. and when you have a person inclined to violence, knives over that uzis with a clip. and kickly with guns to assault weapons, these are things used in
154 yards and seattle undefeated at home and then there's this. the new york giants scored only 52 points in the win over the new orleans saints. the star was the rookie and he returned the kick off for touchdown and all purpose yards and kept the giants in the lead. and major result for the economy. people having fewer babies, blaming the economy and one woman who took a chance and had six children anyway. we'll have that and of course the opening bell right after this. >> less than a minute to the opening bell. there's the news background that says that consumer spending wobbles. consumer spending-- unemployment rate at four year low. the only reason it's down is because the 350,000 people stopped lookinggfor work and the work force shhank and that's surely not good news. in a moment you're going to see if you look carefully at the lower box there on the left-hand side of the screen, those people there are the telemundo actors ringing the bell today for the nasdaq and they put their names down here, i'm afraid i don't have them handy available. they're actors. and the dow stills
smoking, no change in the stock. wal-mart, new york times article says that wal-mart used bribes to open 19 stores in mexico and wal-mart responds saying investigation into corruption at its mexican unit is ongoing, no conclusions have yet been made. the dow is up 19 as we said, a flat market. record gun sales over the weekend. following events on friday in connecticut. here is the question. is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. when, but ieves can stealw your identity anturn your life upside down. >> hi. >> hi. you know, i can sa you 15% today if you open up a charge card accot w
. nicole petallides on the floor of the new york stock exchange. let's go with apple. they opened higher today. now they have moved fraction down. tell us what apple is in the news, tell me where it is. nicole: apple is to the downside. we have talked about it so much all week long, the 50 day moving average is below the 200 day moving average. it was somewhat inevitable. it happened today so now you look at key levels. below areas where people are looking at buying was 518 at yesterday's's low or 505. on the other side, the upside, the resistance here is going to be around 601. stuart: if you get to 601 you expect a wave selling and 518 or 505 you waver coin. that is 545 or 550, right in the middle, that is where it is. i think i have got it. thank you very much. let's get to the big story of the day, the november jobs report, 350,000 people, this is the key number, left the work force last month. the labour participation rate also fell. the unemployment rate came down. at number, that is not a good smell and. >> that is an astonishing number but we have seen numbers of on these lines f
. ♪ >>> the scarlet letter of gun ownership. a local newspaper in new york putting a map on its website. take a look at this. all the red dots you see, those are the homes where a owner has a gun license. this is all on the public record, but how do you feel about publishing this information? >> we just broadcast it, are we culpable. david: specifically for people to find a house-- >> it doesn't necessarily pass-- i think a lot of people, 50-50 i think most of of us feel uncomfortable with that kind of-- >> ina invasion of privacy and plus the people who don't own a gun are vulnerable to those who don't have a gun and could be vulnerable to crooks. and i like the newspaper is justifying the action, look, our reporter owns a gun. where is his address printed in the newspaper and are they going to print the addresses of everybody in the newspaper? you don't see that information. maybe then they'd see how people feel about invasion of privacy. david: i don't know-- i don't mind that the crooks know i own a gun. break-in rates are less in texas because people assume they have a gun. the privacy bothers
business. lauren simonetti from the floor of the new york stock exchange. the share price of dell. suddenly this thing is moving. >> of nearly 38%. goldman sachs doing a 180 on dell. they upgraded all the way to a five. thirteen dollars from nine dollars. all of the bad news in the pc industry -- stuart: okay. thank you very much. now to the big story. timothy geithner puts the ball in the court of the republicans. he says he cannot guarantee we will not go over the fiscal cliff. >> no, i cannot promise that. that is a decision that lies in the hands of the republicans that are now imposing increasing tax rates. stuart: okay. if the republicans do not agree to higher taxes on the rich, it is all there fault if we go over the cliff. got that. this is what john boehner had to say. >> the day after the election, i found the results. i went to the cameras and made it clear. the republicans were willing to put revenue on the table if there were serious spending cuts and reforms put in place. we have talked about it. the president and white house have three weeks. this is the best we've got? stua
petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not f
company, charles payne is here. sandra smith is back. and nicole petallides on the floor of the new york stock exchange. and mark stein, conservative columnist supreme, author and christmas carol singer joins us as well. welcome to the program. president obama says i'm going to insist on raising tax rates on the rich. it is my opinion that the president wants to punish the rich. you say? >> yeah, there's not enough of the rich. this isn't about the economy for him. this is essentially about his view of government. he believes in the state being a certain size, and so what's important to him is that he finds money to support that. so he starts with the rich, but basically if you are not rich, if you are middle class, if you just go and do an average paying job, you're going to be stuck with the costs of this size of government too. there's no way to avoid that. stuart: so you are saying look the president wants to expand government no matter what. >> yes. stuart: and we've all got to pay for it. not a question of making the rich pay for it because there's not enough money amongst the rich
why that would not be charged. of that happened in new york we would have on video tape and that is a prosecutor's dream come true. stuart: who would have to press charges? steven or the authorities? >> the authorities. steven has to make -- he has to tell somebody in law enforcement i didn't authorize him to punch me in the face. it could be a stunt, i wanted him to punch me in the face. 0.001% of the time that happens. the other 99% of the time it is an assault. that would be assault in the third degree, misdemeanor assault the punishable by a year in jail. usually you don't go to jail for things like that but still get prosecuted, spend the night in jail and go in front of a judge and there's a bail hearing. -- [talking over each other] >> suit is different from charged criminally. on the criminal charges i have no idea why there are no criminal charges. there should be. there was also they cut down the trends that were set up. stuart: is there political bias on the part of the local prosecutor who is on the side -- [talking over each other] >> of course it is possibl
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